I LED WAR FOR TINUBU’S ELECTION VICTORY IN RIVERS – WIKE. (PHOTO).

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 I led war for Tinubu’s election victory in Rivers – Wike Minister of the Federal Capital Territory, FCT, Nyesom Wike, on Saturday, said he led the war that delivered victory to President Bola Tinubu in Rivers State during the 2023 presidential election. Speaking in Port Harcourt Local Government Area of Rivers State, Wike tackled former supporters of ex-Vice President Atiku Abubakar who are now backing Tinubu. Wike noted that they failed to give Atiku 10 percent during the 2023 presidential election but have chosen to support Tinubu. He warned that nobody would be allowed to lead Tinubu’s campaign in the state. Wike said: “In 2023, we led the war to deliver President Tinubu in Rivers State. Those who supported Atiku in 2023 and couldn’t give him 10% are now saying that they’re going to lead President Tinubu’s campaign in Rivers State. “Is it possible? Nobody in this state can push us out. We have led the war and don’t be bothered about the abuses.”

FITCH RATINGS UPGRADES NIGERIA ON THE BACK OF TINUBU'S REFORMS: BLOOMBERG. (PHOTO). #PRESS RELEASE


 Fitch Ratings upgrades Nigeria on the back of Tinubu's reforms: Bloomberg


Fitch Ratings, a global credit rating agency, has upgraded its credit rating of Nigeria to B due to recent reforms implemented by President Tinubu's administration.


In making the upgrade, Fitch cites improved policy credibility and reduced near-term risks to macroeconomic stability.


What the new rating means for Nigeria: Fitch now has a more positive outlook on the country's economic stability and creditworthiness. The upgrade will increase the country's ability to attract foreign investment, borrow money on international markets at better interest rates, and boost investor confidence. 


“The upgrade reflects increased confidence in the government’s broad commitment to policy reforms implemented since its move to orthodox economic policies in June 2023, including exchange rate liberalisation, monetary policy tightening, and steps to end deficit monetisation and remove fuel subsidies,” Fitch said in a statement Friday.


In May, the rating agency lifted Nigeria's credit outlook to positive from stable, citing government efforts to restore economic stability. However, it left the rating on its long-term foreign currency debt at B-.

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